M/s Shudh Priya Plastichem Private Limited, the Applicant/Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Corporate Insolvency Resolution Process against M/s. SV Leathers (India) Private Limited, the Respondent. The claim arises from invoices running from 2013 to 2021.
M/s Shudh Priya Plastichem Private Limited (Applicant/Operational Creditor) initiated a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s SV Leathers (India) Private Limited (Respondent), seeking to initiate the Corporate Insolvency Resolution Process. The Applicant's claim is based on invoices issued between 2013-12-12 and 2021-06-22. The Applicant contended that the Respondent made regular part-payments, but failed to provide a complete bank statement to support this claim. The Applicant provided dispatch proof of the demand notice but did not provide a tracking report to confirm its delivery to the Respondent. The Respondent is a company incorporated on 2010-12-27. The authorized share capital of the respondent is Rs. 10,00,000/- and
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M/s SV Leathers…
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M/s Shudh Priya Plastichem Private Limited, the Applicant/Operational Creditor, filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking to initiate the Corporate Insolvency Resolution Process against M/s. SV Leathers (India) Private Limited, the Respondent. The claim arises from invoices running from 2013 to 2021.
M/s Shudh Priya Plastichem Private Limited (Applicant/Operational Creditor) initiated a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s SV Leathers (India) Private Limited (Respondent), seeking to initiate the Corporate Insolvency Resolution Process. The Applicant's claim is based on invoices issued between 2013-12-12 and 2021-06-22. The Applicant contended that the Respondent made regular part-payments, but failed to provide a complete bank statement to support this claim. The Applicant provided dispatch proof of the demand notice but did not provide a tracking report to confirm its delivery to the Respondent. The Respondent is a company incorporated on 2010-12-27. The authorized share capital of the respondent is Rs. 10,00,000/- and
…M/s SV Leathers…
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